Little Rock, Ark. was deemed the best city for first-time homebuyers. Denver was the worst.

To compile the list, LendingTree looked at the average down payment amount and percentage; the share of buyers using an FHA mortgage; the percentage of buyers with sub-prime credit (below 680); the share of homes sold that the median income family can afford; and the average FHA down payment as a percentage of average down payment for all loans.